Brisk Real Estate Resales Heat up June - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, July 10, 2007: Members of the Ottawa Real Estate Board sold 1,651 homes in June through the Board's Multiple Listing Service® system, compared with 1,855 in May 2007. There were 1,600 sales in June 2006.

Affordable homes, hot condo market warm up chilly April - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, May 8, 2007: Members of the Ottawa Real Estate Board sold 1,554 homes in April through the Board's Multiple Listing Service® system, compared with 1,305 in March 2007. There were 1,439 sales in April 2006.

Future Real Estate prices in Ottawa? Not Boom or Doom but Much Ado About Nothing says the CIBC researchers: Canadian House Prices Not Based on Demographics Alone April 18th, 2007 - The CIBC Canadian Real Estate Report is predicting that Housing prices will double in the coming 20 years!  It generated much press last week.  In Ottawa that would mean that in April 2027 the average sale price for a property would be $548,000!   In other words housing prices will increase 5% a year!  CIBC really went out on a limb on this prediction!!!  The Ottawa MLS® average sale price has increased an average 4.5% per year in the previous 20 years so a 5% prediction is a safe bet!  Of interest, the report debunks the boom and bust theorists who have predicted a demographic influenced bust in housing prices between 2011 and 2015. 

Spring Market already beginning to Bloom! - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, March 6, 2007: Members of the Ottawa Real Estate Board sold 1032 homes in February
through the Board's Multiple Listing Service® system, compared with 764 in January 2007. There
were 982 sales in February 2006.

Record Breaking Year for Homes Sales in Ottawa - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, January 9, 2007: Members of the Ottawa Real Estate Board sold 682 homes in December through the Board's Multiple Listing Service® system, setting a new record of 13,783 residential sales for 2006. The previous record was 13,152 in 2004. There were 615 sales in December 2005.

Home Sales Surpass 2005 Total by November - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, December 8, 2006: Members of the Ottawa Real Estate Board sold 877 homes in November through the Board's Multiple Listing Service® system compared with 906 in November 2005. There were 1,011 sales in October 2006.

Ottawa, August 8th, 2006: Members of the Ottawa Real Estate Board sold 1,241 homes in July  2006 compared with 1,195 in July 2005, an increase of almost four per cent. There were 1609 sales in June 2006.

Increase in Housing Sales at Midyear - from the Ottawa Real Estate Board at http://orebweb4.oreb.ca/news_release.shtml

Ottawa, July 7, 2006: Members of the Ottawa Real Estate Board sold 1,609 homes in June  2006 compared with 1,466 in June 2005, an increase of almost ten per cent. At the half way point of the year, sales are up 7.5 per cent over last year.